Agree .. invest in home ..not house !
No - you are right .. choice really is - if we wanna be a part of collective or not .. if we do .. then "collective" comes with its own pros and cons ..
The good thing is we can save individual liberty through assets - we don't want pollution there .. That's why bigger scam is taxing the assets ..
Debasing the currency is a populistic measure .. democracy isn't possible without some degree of populism :-)
But I would still live in a democracy and in a collective .. I have been to jungle before ..it it sucks there 😭
It was so easy in our times - good old times - if I knew someone was a male - I would say he . if I didn't - I would use "she" because that was meant to be a umbrella gender ( motherly)
..now .. ??? !!!!---]][[
Is "she" a trans now ! I am so confused with pronouns .. let me go ..please
Asset is unit of individual liberty !
Currency is unit of collective governance!
Both are needed .
Exactly .. so #bitcoin is gold .. not dollars!
Quitting is bad .. cu you quit ..you must end up in jungle .. wait you will need to quit trees ..and air ..
Just add new ..and spend your time in new .. if #bitcoin has taught us anything - it is "don't try to change the past " .. you can't delete anything ..
How much money we keep in currency ? 99 % of mine is in assets .. gold , real assets etc .. so calling it biggest fraud is misnomer ..
And the good thing is we discovered #bitcoin so that there no fraud whatsoever on assets side of the house ..
As for currencies - they are evolving . But they shall always be inflationary because deflation is a bigger risk - for commodities ..
When #Satoshi said "peer to peer cash " - she didn't mean cashApp ..or Venmo - why else dhe would attach "PoW" !
She meant - highly liquid asset ..
And yes - who wants Bitcoin to be currency .. most of our portfolio is in assets .. how much currency we anyway hold .. 1% ?
Most useful thing is grain - we literally eat it .. it goes for quids .. even more value is air and water - practically free ..
Sir - the biggest utility is "storing value " .. if you store gold - for example - it has no utility .. that is exactly what #bitcoin is .. store it till you absolutely need to sell ..
Btw - what makes you think valueable things must have a utility !
#gold is nice money .. what's wrong ? I mean what fraud ..
Damus is a client - that uses #nostr as protocol ..
Are you using Damus ?
Protocol - not platform !
How many clients have you tried .. not testing ..just a check to make sure I don't over preach :-)
That's a feature .. because we don't want to transmit our #gold ..or #Bitcoin .. except in emergency..
Plus it is a taxable event ..
A fifty fifty asset portfolios gives you nice five percent - not much against inflation but still better than Tbills and most bonds ..
Steady vs the state of art :-)
#Gold vs digital Gold #Bitcoin
It is inexprssible - not because it is encrypted - God is very much public ..
But we don't see it because we tend to check our wallets - not the public ledger .. and most of us don't even run nodes 😔 ..